Goldman Sachs and Morgan Stanley take different paths

[phk]

http://www.bloomberg.com/news/2010-09-27/goldman-trades-where-morgan-no-longer-treads-with-gap-widening.html


The article shows how the two biggest Wall Street banks have taken different business approaches since the financial crisis.

Morgan Stanley is moving into a lower risk model, expanding into retail while Goldman Sachs remains the only investment bank with over 60% revenue from trading and investment banking.